Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.80%.
YIELD ON COST (YOC)
0.80%
STLD now pays $2.06 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-07-29) | $26.82 | 7.68% |
| 5 years ago(2021-08-06) | $62.84 | 3.28% |
| 3 years ago(2023-07-28) | $103.81 | 1.98% |
| 1 year ago(2025-08-01) | $122.37 | 1.68% |
| Buying today(at $266.94) | $266.94 | 0.80% |
Projection: starting from today's 0.80% yield, assuming the dividend keeps compounding at its historical 14.6% rate. Boards set dividends each year, so actual figures will differ.
Today
0.80%
In 3 years
1.52%
In 5 years
2.33%
In 10 years
6.81%
Try your own purchase price, dividend and growth rate for Steel Dynamics, Inc. (STLD).
Starting Yield
0.77%
Ending YOC
5.99%
Year 15 Dividend
$15.99
Cum. Dividends Recd.
$109.10
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.06 | N/A | 0.77% | $0.00 |
| Year 1 | $2.36 | +14.64% | 0.88% | $2.36 |
| Year 2 | $2.71 | +14.64% | 1.01% | $5.07 |
| Year 3 | $3.10 | +14.64% | 1.16% | $8.17 |
| Year 4 | $3.56 | +14.64% | 1.33% | $11.73 |
| Year 5 | $4.08 | +14.64% | 1.53% | $15.81 |
| Year 6 | $4.68 | +14.64% | 1.75% | $20.49 |
| Year 7 | $5.36 | +14.64% | 2.01% | $25.85 |
| Year 8 | $6.15 | +14.64% | 2.30% | $31.99 |
| Year 9 | $7.05 | +14.64% | 2.64% | $39.04 |
| Year 10 | $8.08 | +14.64% | 3.03% | $47.11 |
| Year 11 | $9.26 | +14.64% | 3.47% | $56.37 |
| Year 12 | $10.61 | +14.64% | 3.98% | $66.99 |
| Year 13 | $12.17 | +14.64% | 4.56% | $79.16 |
| Year 14 | $13.95 | +14.64% | 5.23% | $93.11 |
| Year 15 | $15.99 | +14.64% | 5.99% | $109.10 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
